IPG Photonics (IPGP) Reports Q4 EPS of $0.92

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IPG Photonics Announces Fourth Quarter 2020 Financial Results

February 16, 2021 8:00 AM EST

Company Ends 2020 with Year-Over-Year Growth in Sales and Strong Bookings

EPS of $0.92 Reduced by Additional Inventory Charge of $0.20 and Foreign Exchange Loss of $0.07

OXFORD, Mass., Feb. 16, 2021 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the fourth quarter ended December 31, 2020.

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